Malaysia-Taiwan Tensions Likely More a Sentiment Risk
Dow Jones
Aug 20
0343 GMT - Diplomatic tensions between Malaysia and Taiwan are likely more of a medium-term FDI-confidence and equity market sentiment risk than an immediate macroeconomic shock, Apex Securities analysts say in a note. Tensions flared after Malaysian Prime Minister Anwar Ibrahim described Taiwan as a Chinese province seeking independence, drawing a rebuke from Taiwan. Existing trade and semiconductor links are expected to remain resilient, with limited near-term impact on corporate earnings, the analysts say. However, prolonged tensions could make Taiwanese companies more cautious about new investments, particularly in Malaysia's semiconductor and E&E sectors, they add.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.